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20121205
20121213
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, the fiscal cliff, jobs numbers, the state of the economy who better to talk about it than robert reich and current economics professor at the berkeley. let's talk about the numbers. on friday the surprisingly strong jobs numbers, 146,000 new jobs created. the unemployment rate 7.7%. we were expecting impact from superstorm sandy and earlier thanksgiving. what do these numbers say about the economy? >> apparently we are still struggling. they are not hugely wonderful numbers. i don't think that anyone should breathe a sigh of relief but we are undoubtedly moving in the right direction. early thanksgiving may have cancelled out negative effects of sandy. the bureau of statistics said sandy didn't have much of an affect in november. >> think we will see revisions next month. >> every month we are seeing reing visions and so far they have been downward. the revisions for october and september were both downward slightly. so i wouldn't be surprised if we see downward revisions coming up. >> the other big story is the fiscal cliff. can you help us read the tea leaves here? this week we heard
after they leave the theaters. the fiscal cliff and jobs numbers and state of the economy. who better to talk about all of that than robert reich, former secretary of labor in the clinton administration and current economics professor at the university of california at berkeley. good to see you. thanks so much for joining us. >> how are you? >> let's talk about these numbers on friday, the surprisingly strong jobs numbers. 146,000 new jobs created. the unemployment rate dropping to 7.7%. we were expecting some impact from the super storm sandy in earlier thanksgiving. what do the numbers say about the economy? >> apparently we are still struggling. these are not hugely wonderful numbers but undoubtedly we're moving in the right direction. the early thanksgiving may have canceled out negative effects of sandy. sandy really did not have much of an effect in november. >> interesting -- do you think we'll see revisions next month? >> we probably will. every month we're seeing revisions and so far they have been downward. the revisions we saw friday for october and september, were both dow
Search Results 0 to 2 of about 3 (some duplicates have been removed)